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ella [17]
3 years ago
13

LO 8.4What causes the variable overhead efficiency variance?

Business
1 answer:
Alex_Xolod [135]3 years ago
4 0

Answer:

The generally varies according to variation in production levels.  

Explanation:

First, we will determine the overhead efficiency variance:

variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard Rate

The change that makes a variation in variable overhead is the actual quantity. The actual quantity is based on the allocation base, it can be direct labor hours, direct machine hours, direct labor dollars, etc.

The generally varies according to variation in production levels.  

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Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: ($ in thousands) E-Travel P
svlad2 [7]

Answer:

E-travel-1.15

Pricecheck-0.38

Explanation:

Debt to equity ratio compares the finance provided by outsiders viz-a-viz that which is provided by the original owners of the company,the shareholders, in order to determine whether or not the company is at risk of slow growth if outsiders withdraw their funds.

Debt to equity=total liabilities/equity

E-Travel:

total liabilities is $2,854,475

total equity $2,482,681

debt-equity ratio=$2,854,475/$2,482,681=1.15

Debtholders provided more capital funding than the stockholders

Pricecheck:

total liabilities is $472,610

total equity is $1,257,614

debt-to-equity ratio=$472,610/$1,257,614 =0.38

4 0
3 years ago
Suppose an economist advises a city's mayor to begin charging drivers a fee to drive on a busy highway during congested times. T
Kazeer [188]

Answer:

The correct answer is the letter b. This is a common occurrence. The policymaker usually disregards an economist's advice because they do not believe it is the most efficient policy.

Explanation:

It is common for policymakers to disregard the advice of an economist. This is because in addition to their often finding that the policies suggested by economists are not the most efficient, they observe the political return of such action, ie not just efficiency, but the extent to which this policy will bring political benefits. Thus, as in this case, the policy is not implemented because it is not popular with voters.

6 0
3 years ago
A fixed asset with a cost of $52,025 and accumulated depreciation of $44,221 is traded for a similar asset priced at $55,501. As
kkurt [141]

Answer:

$2,140

Explanation:

When a commercial substance exists in the course of the exchange of an old asset for a new one , the gain or loss on this assets is recognized,

Commercial substance can be said to exist when the exchange assets impact the future cash flow. The extended useful life of the involved assets in the question the  the newly acquired asset through exchange support this.

<u>Workings</u>

Cost of the fixed assets = 52,025

Accumulated depreciation = 44,221

Book value = 7,804

Trade in allowance = 5,664

loss = 7,804 - 5664 = 2,140

6 0
3 years ago
Alicia's credit card statement for July read as follows:
ioda

Answer:

$495.5  

Explanation:

The closing balance will the opening balance plus additional charges minus the payments made.

Opening or previous balance = $547.00

New charges: $238.31

Finance charge: $8.21

Total new charges =$238.31 +$8.21= $246.52

Payments =  $299.00

New Balance at end of July

=$547.00 + $246.52- $299

=$794.5 -$299.0

=$495.5  

3 0
3 years ago
Please Help:
GrogVix [38]

2. Mention any five virtues that can be regarded as universal virtues. 3. Manners are social behaviors that help us build and strengthen relationship

Answer:

2. Mention any five virtues that can be regarded as universal virtues. 3. Manners are social behaviors that help us build and strengthen relationship

4 0
3 years ago
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